In May 2026, the number of transactions in new projects in Tbilisi increased by 15.3% compared to May of the previous year. Growth was observed in both the primary (11.4%) and secondary (20.7%) markets for newly built flats. Notably, the Samgori district accounted for approximately 40% of the growth in secondary market transactions. Transactions in old projects also rose, showing a 5.1% increase. In May 2026, Georgian citizens remained the dominant buyers in both old and new projects, while the share of foreign buyers amounted to just 11.4%.

In May 2026, the number of transactions for newly built flats in Batumi increased by 3.3% year-over-year, while transactions involving older flats declined by 7.3%. Secondary transactions increased by 13.4%, while primary transactions saw 8.5% decline. The share of foreign buyers in transactions in old and new projects increased compared to May 2025, reaching 49%. Foreign buyers accounted for 59% of the growth in the number of transactions in old and new projects.

As of May 2026, the weighted average price of old flats in Tbilisi increased by 23.5% in the city center, by 3% in the wide center and by 11.6% in the suburbs compared to May 2025. Overall, the weighted average price of old projects across the city rose by 16%. The strong price growth was affected by a relatively small number of recorded transactions.

In May 2026, in Tbilisi the number of transactions of residential flats amounted to 3,787 units, reflecting 13.1% YoY increase. Market size increased by 32.4% standing at USD 334 millions.

As of April 2026, the weighted average price of old flats in Tbilisi increased by 11% in the city center, by 10% in the wide center and by 6.2% in the suburbs compared to March 2025. Overall, the weighted average price of old projects across the city rose by 10.6%.

In April 2026, in Tbilisi the number of transactions of residential flats amounted to 3,603 units, reflecting 12.7% YoY increase. Market size increased by 28.3% standing at USD 310 millions.

In April 2026, the weighted average price of newly built flats in Batumi increased by 11.3% year over year, reaching USD 1,351 per sq m. On the primary market, the weighted average price increased by 15.2%, while on the secondary market, a 9.4% increase was observed Note: some primary transactions are registered late, resulting in a price growth trend that does not reflect reality.

As of April 2026, the weighted average price of newly built flats in Tbilisi increased by 10.2% in the suburbs, by 2.2% in the wider center and by 12.1% in the city center compared to April 2025. Citywide, the weighted average price of primary market transactions grew by 11.2%. On the secondary market, the weighted average price increased by 11%.

In April 2026, the number of transactions in new projects in Tbilisi increased by 14.6% compared to April of the previous year. Growth was observed in both the primary (10.7%) and secondary (20.4%) markets for newly built flats. Transactions in old projects also rose, showing a 6.2% increase. In April 2026, Georgian citizens remained the dominant buyers in both old and new projects, while the share of foreign buyers amounted to 10.7%.

In April 2026, the number of transactions for newly built flats in Batumi increased by 12.3% year-over-year, while transactions involving older flats declined by 5.4%. Growth in newly built flats was observed in both primary (+13.3%) and secondary (+11.6%) markets. The share of foreign buyers in transactions in old and new projects increased compared to April 2025, reaching 47%. Foreign buyers accounted for 90% of the growth in the number of transactions in old and new projects.

As of April 2026, the number of transactions of residential flats in Batumi has increased by 12.3% year over year, reaching 1,292 units. The market size has increased by 27.4%, standing at USD 85 million.

| As of March 2026, the number of transactions of residential flats in Batumi has increased by 10.9% year over year, reaching 1,227 units. The market size has increased by 33.4%, standing at USD 81 million.